Maybe there is hope for the CSIQ yieldco IPO.
Even holding onto projects for a possible Yieldco, they pulled a nice profit in Q3.
Current late stage pipeline is 2.5 GW, valued at $ 5 B.
Compared to SPWR Q3-15, Loss of $ ( 0.41 ) per share.
Now which company continues to outshine most solar peers.
They just keep on making money.
Everyone is noticing this obvious attack.
We should be talking about what a great Q3 they just reported.
CSIQ : Q314 = $ 1.73 , Q414 = $ 1.33 , Q115 = $ 1.02 , Q215 = $ .31 , Q315 = ? now look at
SPWR : Q314 = $ .20 , Q414 = $ .80 , Q115 = $ ( .07), Q215 = $ .09 , Q315 = $ .13
By selling completed projects, either to utilities or to investors via an IPO Yieldco, CSIQ could have monster
revenues for 2015.
It is true that the energy sector tends to move together. But the Market is illogical.
Today, oil is up but Nat Gas is down. Solar competes $ wise with Nat. Gas mostly.
When CSIQ indicated that their Yieldco plans were up in the air, the PPS dropped 20%.
The Market dislikes uncertainty. When they clarify their plans for a Yieldco or some
other alternate plan to sell their projects, the PPS will recover.
CSIQ is asset rich, because they have been hanging on to projects for the Yieldco.
Hence the reason for the reduced net revenue, which Canaccord won't admit.
Will be ready.
Canaccord says PPS will not be moved by Q numbers, until investors get ample details on impending Yielco.
CSIQ is just one press release away from major PPS movement. IMHO.
Could use some news from the Company.
I guess when you can charge $ .34 / kWh, being in the electricity selling business is a good thing.